Swap Definition

swŏp
swapped, swapping, swaps
verb
swapped, swapping, swaps
To trade one thing for another.
American Heritage
To exchange, trade, or barter.
Webster's New World
To exchange (one thing) for another.
American Heritage
Antonyms:
maintainkeep
noun
swaps
An exchange, trade, or barter.
Webster's New World
An exchange of one thing for another.
American Heritage
A negotiated contract as between two corporations for a mutually beneficial exchange of currencies, loans, etc.
Webster's New World

(computing, informal, uncountable) Space available in a swap file for use as auxiliary memory.

How much swap do you need?
Wiktionary
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other
A custom-made and negotiated transaction designed to manage financial risk over a period of 1 to 12 years. Two individuals can create a swap, or a swap may be made through a third party such as a brokerage firm or a bank. Swaps are used to manage risk and often settlements occur in cash, not in delivery of the actual product or financial instruments. Examples of swap transactions include currency swaps, interest rate swaps, and price swaps for a variety of commodities. An example of a currency swap is an agreement to sell $1 million of Japanese yen three months in the future at ¥116.50.
Webster's New World Finance
idiom
swap out
  • to exchange or substitute for another of the same kind
Webster's New World

Other Word Forms of Swap

Noun

Singular:
swap
Plural:
swaps

Idioms, Phrasal Verbs Related to Swap

Origin of Swap

  • Middle English swappen to strike, strike the hands together in closing a bargain

    From American Heritage Dictionary of the English Language, 5th Edition

  • Uncertain, probably from imitative origin.

    From Wiktionary

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